W.W. Grainger, Inc. (NYSE:GWW) Shares Sold by BSW Wealth Partners

BSW Wealth Partners lessened its stake in W.W. Grainger, Inc. (NYSE:GWW) by 6.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 832 shares of the industrial products company’s stock after selling 57 shares during the quarter. BSW Wealth Partners’ holdings in W.W. Grainger were worth $877,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. GHP Investment Advisors Inc. raised its stake in W.W. Grainger by 250.0% during the third quarter. GHP Investment Advisors Inc. now owns 28 shares of the industrial products company’s stock valued at $29,000 after buying an additional 20 shares in the last quarter. AlphaMark Advisors LLC acquired a new stake in shares of W.W. Grainger during the 4th quarter valued at approximately $37,000. Larson Financial Group LLC lifted its stake in W.W. Grainger by 111.1% during the third quarter. Larson Financial Group LLC now owns 38 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 20 shares during the last quarter. Fortitude Family Office LLC boosted its holdings in W.W. Grainger by 38.9% in the third quarter. Fortitude Family Office LLC now owns 50 shares of the industrial products company’s stock worth $52,000 after purchasing an additional 14 shares during the period. Finally, Ashton Thomas Securities LLC bought a new stake in W.W. Grainger during the third quarter valued at $75,000. Institutional investors and hedge funds own 80.70% of the company’s stock.

W.W. Grainger Price Performance

NYSE GWW opened at $1,131.17 on Wednesday. The firm has a market capitalization of $55.09 billion, a PE ratio of 30.66, a P/E/G ratio of 2.88 and a beta of 1.18. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.59 and a quick ratio of 1.68. W.W. Grainger, Inc. has a 12 month low of $874.98 and a 12 month high of $1,227.66. The company’s 50 day simple moving average is $1,124.04 and its 200 day simple moving average is $1,063.09.

W.W. Grainger (NYSE:GWW) last issued its quarterly earnings results on Thursday, October 31st. The industrial products company reported $9.87 EPS for the quarter, missing the consensus estimate of $9.98 by ($0.11). The business had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.40 billion. W.W. Grainger had a return on equity of 51.78% and a net margin of 10.80%. W.W. Grainger’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $9.43 earnings per share. As a group, equities research analysts forecast that W.W. Grainger, Inc. will post 38.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Oppenheimer lowered shares of W.W. Grainger from an “outperform” rating to a “market perform” rating in a report on Thursday, October 17th. Northcoast Research assumed coverage on W.W. Grainger in a research note on Tuesday, October 29th. They issued a “neutral” rating for the company. StockNews.com cut W.W. Grainger from a “buy” rating to a “hold” rating in a research report on Thursday, December 19th. Baird R W upgraded W.W. Grainger from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 16th. Finally, Bank of America assumed coverage on W.W. Grainger in a research report on Monday, October 7th. They issued an “underperform” rating and a $925.00 target price on the stock. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $1,140.56.

Insider Buying and Selling at W.W. Grainger

In other W.W. Grainger news, VP Laurie R. Thomson sold 125 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $1,206.03, for a total transaction of $150,753.75. Following the sale, the vice president now directly owns 675 shares of the company’s stock, valued at $814,070.25. The trade was a 15.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Deidra C. Merriwether sold 704 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $1,105.59, for a total value of $778,335.36. Following the completion of the sale, the chief financial officer now directly owns 9,509 shares of the company’s stock, valued at approximately $10,513,055.31. This trade represents a 6.89 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,406 shares of company stock valued at $11,634,643. Corporate insiders own 9.50% of the company’s stock.

W.W. Grainger Company Profile

W.W. Grainger, Inc, together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.